Egyptian Prime Minister Moustafa Madbouli stressed the importance of partnerships with global private-sector companies in developing logistics services and advancing manufacturing within the the Suez Canal Economic Zone (SCZone).
He said expanding cooperation with leading international firms would strengthen the competitiveness of Egyptian ports and reinforce Egypt’s position as a regional and global hub for trade and logistics.
Madbouli made these remarks as he met on Wednesday with Chairman of DP World, Essa Kazim, to discuss expanding the company’s investments in the SCZone, with a focus on manufacturing and logistics.
The meeting, attended by SCZone Chairman Walid Gamal El-Din, underscored the strong economic ties between Egypt and the United Arab Emirates and explored opportunities to deepen cooperation.
Gamal El-Din said discussions focused on increasing DP World’s manufacturing investments in the SCZone alongside its existing logistics operations, while also enhancing the exchange of expertise between both sides.
Kazim said DP World aims to expand its investments in manufacturing to create added value for the Egyptian economy and generate employment opportunities.
He described Egypt as having significant untapped manufacturing, investment and logistics potential, citing its strategic geographic location and recent progress in infrastructure and economic development.
He reaffirmed the group’s commitment to expanding its presence in Egypt and translating the close relationship between the two sides into practical investment projects.
